SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (1644)12/17/1997 5:39:00 PM
From: michael  Read Replies (2) | Respond to of 5650
 
I hate to see investors get hurt...please get out now, like I did before this piece of sh...is halted and taken off the market

ever since Fenton came on this thread and started shorting... the stock has gone from 8.75 to 5...there is no bottom...look at FTPS trading at $1.4...was at $42.00



To: Chris who wrote (1644)12/17/1997 5:52:00 PM
From: wtett  Read Replies (1) | Respond to of 5650
 
If you are referring to the arbitration, I don't think the company ever disclosed a specific reason for the announced agreement not being consumated. I've wondered about that also. But, as is the case with most things PSI does, the stockholders are not privy to the facts. Given the performance of the company and the stock, it's probably best we don't know their thinking. As I said earlier, it's a long winter. If I had only thought in my wildest dreams the stock would decline to this level.......At least the shorts are happy. I wonder when they will cover. It's a little scarey that they haven't closed out. Anyway, I tip my hat to some sharp cookies with great nerves for them to hold their positions in the face of what I thought was a certain buyout.